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<article article-type="research-article" dtd-version="1.3" xmlns:mml="http://www.w3.org/1998/Math/MathML" xmlns:xlink="http://www.w3.org/1999/xlink" xmlns:xsi="http://www.w3.org/2001/XMLSchema-instance" xml:lang="en"><front><journal-meta><journal-id journal-id-type="publisher-id">ejebs</journal-id><journal-title-group><journal-title xml:lang="en">Eurasian Journal of Economic and Business Studies</journal-title><trans-title-group xml:lang="ru"><trans-title>Название журнала на русском</trans-title></trans-title-group></journal-title-group><issn pub-type="ppub">2789-8253</issn><issn pub-type="epub">2789-8261</issn><publisher><publisher-name>University of International Business named after K. Sagadiyev LLP</publisher-name></publisher></journal-meta><article-meta><article-id pub-id-type="doi">10.47703/2789-8253-2026-2-71-88</article-id><article-id custom-type="elpub" pub-id-type="custom">ejebs-282</article-id><article-categories><subj-group subj-group-type="heading"><subject>Research Article</subject></subj-group><subj-group subj-group-type="section-heading" xml:lang="ru"><subject>Статьи</subject></subj-group></article-categories><title-group><article-title>Regional Differentiation of Small and Medium Business Development in Kazakhstan</article-title><trans-title-group xml:lang="ru"><trans-title></trans-title></trans-title-group></title-group><contrib-group><contrib contrib-type="author" corresp="yes"><contrib-id contrib-id-type="orcid">https://orcid.org/0000-0002-9007-1923</contrib-id><name-alternatives><name name-style="western" xml:lang="en"><surname>Sugurova</surname><given-names>A. Zh.</given-names></name></name-alternatives><bio xml:lang="en"><p>Ainur Zh. Sugurova, Cand. Sc. (Econ.), Associate Professor</p><p>Almaty</p></bio><email xlink:type="simple">a.sugurova@mail.ru</email><xref ref-type="aff" rid="aff-1"/></contrib><contrib contrib-type="author" corresp="yes"><contrib-id contrib-id-type="orcid">https://orcid.org/0000-0003-1627-0892</contrib-id><name-alternatives><name name-style="western" xml:lang="en"><surname>Kossymbayeva</surname><given-names>Sh.</given-names></name></name-alternatives><bio xml:lang="en"><p>Shynar Kossymbayeva,  PhD, Acting Associate Professor</p><p>Aktau</p></bio><email xlink:type="simple">shynar.kossymbayeva@yu.edu.kz</email><xref ref-type="aff" rid="aff-2"/></contrib><contrib contrib-type="author" corresp="yes"><contrib-id contrib-id-type="orcid">https://orcid.org/0000-0002-4942-2605</contrib-id><name-alternatives><name name-style="western" xml:lang="en"><surname>Makenova</surname><given-names>A.</given-names></name></name-alternatives><bio xml:lang="en"><p>Aigul Makenova, Cand. Sc. (Econ.), Associate Professor</p><p>Kyzylorda</p></bio><email xlink:type="simple">aigul.makenova74@gmail.com</email><xref ref-type="aff" rid="aff-3"/></contrib><contrib contrib-type="author" corresp="yes"><contrib-id contrib-id-type="orcid">https://orcid.org/0009-0002-9020-4391</contrib-id><name-alternatives><name name-style="western" xml:lang="en"><surname>Telagussova</surname><given-names>E. O.</given-names></name></name-alternatives><bio xml:lang="en"><p>Elmira O. Telagussova, Cand. Sc. (Econ.), Senior Lecturer</p><p>Almaty</p></bio><email xlink:type="simple">tim.s.100189@mail.ru</email><xref ref-type="aff" rid="aff-4"/></contrib><contrib contrib-type="author" corresp="yes"><contrib-id contrib-id-type="orcid">https://orcid.org/0000-0002-7975-8791</contrib-id><name-alternatives><name name-style="western" xml:lang="en"><surname>Basshieva</surname><given-names>Zh. K.</given-names></name></name-alternatives><bio xml:lang="en"><p>Zhangul K. Basshieva, Cand. Sc. (Econ.), Associate Professor</p><p>Aktobe</p></bio><email xlink:type="simple">basshieva1973@gmail.com</email><xref ref-type="aff" rid="aff-5"/></contrib></contrib-group><aff-alternatives id="aff-1"><aff xml:lang="en">ALT University named after Mukhamedzhan Tynyshpayev<country>Kazakhstan</country></aff></aff-alternatives><aff-alternatives id="aff-2"><aff xml:lang="en">Caspian University of Technology and Engineering named after Sh. Yesenov (Yessenov University)<country>Kazakhstan</country></aff></aff-alternatives><aff-alternatives id="aff-3"><aff xml:lang="en">Kyzylorda University named after Korkyt Ata<country>Kazakhstan</country></aff></aff-alternatives><aff-alternatives id="aff-4"><aff xml:lang="en">Abai Kazakh National Pedagogical University<country>Kazakhstan</country></aff></aff-alternatives><aff-alternatives id="aff-5"><aff xml:lang="en">K.Zhubanov Aktobe Regional University<country>Kazakhstan</country></aff></aff-alternatives><pub-date pub-type="collection"><year>2026</year></pub-date><pub-date pub-type="epub"><day>05</day><month>07</month><year>2026</year></pub-date><volume>70</volume><issue>2</issue><fpage>71</fpage><lpage>88</lpage><permissions><copyright-statement>Copyright &amp;#x00A9; Sugurova A.Z., Kossymbayeva S., Makenova A., Telagussova E.O., Basshieva Z.K., 2026</copyright-statement><copyright-year>2026</copyright-year><copyright-holder xml:lang="ru">Sugurova A.Z., Kossymbayeva S., Makenova A., Telagussova E.O., Basshieva Z.K.</copyright-holder><copyright-holder xml:lang="en">Sugurova A.Z., Kossymbayeva S., Makenova A., Telagussova E.O., Basshieva Z.K.</copyright-holder><license xml:lang="ru" license-type="creative-commons-attribution" xlink:href="https://creativecommons.org/licenses/by/4.0/" xlink:type="simple"><license-p>Данная работа распространяется под лицензией Creative Commons Attribution 4.0.</license-p></license><license xml:lang="en" license-type="creative-commons-attribution" xlink:href="https://creativecommons.org/licenses/by/4.0/" xlink:type="simple"><license-p>This work is licensed under a Creative Commons Attribution 4.0 License.</license-p></license></permissions><self-uri xlink:href="https://ejebs.uib.kz/jour/article/view/282">https://ejebs.uib.kz/jour/article/view/282</self-uri><abstract><p>   The development of small and medium-sized businesses is considered one of the key factors for ensuring economic growth, employment, and sustainable regional development.</p><p>   The purpose of the study is to identify the structure of regional development among small and medium-sized businesses in Kazakhstan and to identify groups of regions with different levels of entrepreneurial activity.</p><p>   The methodological basis of the study includes data standardization using the Z-score method, principal component analysis (hereinafter – PCA) and cluster analysis using the Ward method. The study uses data from the Bureau of National Statistics for the period 2018-2024. The results of the study revealed significant interregional differences in the development of small and medium-sized businesses. The highest values of the indicators were recorded in the cities of Almaty and Astana. Thus, in Almaty, the standardized values for gross value added, output, employment, and the number of enterprises were 3.22, 3.11, 3.59, and 2.92, respectively. In Astana, the corresponding figures were 1.76, 1.92, 1.53, and 1.70. Cluster analysis identified two stable clusters of regions, with an intercluster sum of squares of 62.94 and a total sum of squares of 80.71, indicating high interregional differentiation. The results of the study showed that growth in the number of enterprises is not accompanied by proportional increases in output, employment, and value added, indicating structural heterogeneity in the development of small and medium-sized businesses across regions of Kazakhstan.</p></abstract><kwd-group xml:lang="en"><kwd>Enterprise</kwd><kwd>Entrepreneurial Activity</kwd><kwd>Business Environment</kwd><kwd>Employment</kwd><kwd>Economic Activity</kwd><kwd>Regional Policy</kwd></kwd-group></article-meta></front><back><ref-list><title>References</title><ref id="cit1"><label>1</label><citation-alternatives><mixed-citation xml:lang="ru">Abe, M., &amp; Proksch, M. (2017). Supporting participation of Asia-Pacific SMEs in global value chains. Journal of Korea Trade, 21(2), 86–106. doi: 10.1108/JKT-12-2016-0047</mixed-citation><mixed-citation xml:lang="en">Abe, M., &amp; Proksch, M. (2017). Supporting participation of Asia-Pacific SMEs in global value chains. 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